Bring on the barter!

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According to IRNA reports Iranian President Mahmoud Ahmadinejad has stated that there was no obstacle as far as expand barter trade with other countries is concerned, particularly Pakistan. Ahmadinejad made the remarks in a meeting with the visiting special envoy of Pakistani President Asif Ali Zardari in Tehran. “Iran and Pakistan are two big neighbourly countries with a massive potential for cooperation,” the president said. Referring to the approximate value of $80 billion of annual imports of goods from Pakistan by Iran, Ahmadinejad noted that the Islamic Republic of Iran chose to import goods as much as possible from Pakistan in order to benefit Pakistan. The president noted that Iran is also ready to export energy and electricity to Pakistan. The Pakistani special envoy said that Pakistan’s policy of cooperation with Iran was based on the enhancement of bilateral ties. He noted that Pakistan prioritised expansion of ties with Iran and had always been thankful to Iran for assisting Pakistan’s progress and development.